SOS gains a lot of attention from investors in recent days, as the project distributes rewards in SOS tokens for trading or buying NFT on OpenSea. SOS said it is the governance token of the OpenSea platform that authorizes OpenDAO that is Opensea’s opensea decentralized autonomous organization. We know, Opensea NFT is a market that works in a completely decentralized way with the community.
SOS introduced to pay tribute, protect and promote the largest NFT community according to the TheOpenDAO portal.
It is nothing more than a Christmas and New Year gift and a thank you reward for the NFT trader. However, 50% provide airdrop to early adopters of Opensea, as the user must request their SOS token on OpenDao. Each user will get different rewards based on their soS reward trading volume calculated and subsequently available for claim. The remaining 50% will be divided into three parts which include staking incentives, DAOs and liquidity pool incentives.
OpenDAO will help the community with 20% of the offer as it will be distributed within the scam victim, emerging creator, community and art preservation and developer involvement. Snapshot for airdrop already taken and the user who has traded on OpenSea can request the token before June 30, 2020. The unclaimed token will be sent to the DAO treasury based on the community vote.
SOS Price Forecast (OpenDAO)
| Month & Year | SOS PRICE FORECAST |
|---|---|
| September 2022 | $0.00 |
| October 2022 | $0.00 |
| September 2022 | $0.00 |
| December 2022 | $0.00 |
| January 2023 | $0.00 |
| February 2023 | $0.00 |
| April 2023 | $0.00 |
| April 2023 | $0.00 |
| May 2023 | $0.00 |
| June 2023 | $0.00 |
| September 2023 | $0.00 |
| December 2023 | $0.00 |
| April 2024 | $0.00 |
| July 2024 | $0.00 |
| October 2024 | $0.00 |
| January 2025 | $0.00 |
| February 2025 | $0.00 |
| April 2025 | $0.00 |
| April 2025 | $0.00 |
| May 2025 | $0.00 |
| June 2025 | $0.00 |
| July 2025 | $0.00 |
| July 2025 | $0.00 |
| September 2025 | $0.00 |
| October 2025 | $0.00 |
| October 2025 | $0.00 |
| December 2025 | $0.00 |
| January 2030 | $0.00 |
| April 2030 | $0.00 |
| May 2030 | $0.00 |
| July 2030 | $0.00 |
| September 2030 | $0.00 |
| December 2030 | $0.00 |
OpenDAO Overview
| Project name | OpenDAO |
| Ticker symbol | Sos |
| Official website | Theopendao.com |
| Total supply | 100 trillion |
| Launch year | 2021 |
| network | Ethereum |
| substitution | Uniswap, ByBit, 1inch Exchange, Gate, Kucoin, MEXC, Okex. |
| wallet | Metamask |
SOS token price analysis
SOS after airdrop deployment gets a decentralized exchange and a higher-level centralized exchange list. According to the coingecko report of December 25, 2021 the SOS token starts trading at the price of $0.00000200 USD. After the listing on the next SOS token highlighted on the price reporting platform of the trending list cryptocurrencies and recorded a 60% increase in the price. Most of the familiar on uni token, which is the governance token of uniswap DEX, as its distribution almost similar to the SOS token. We know the growth of NFT and the use of opensea just like Uniswap for decentralized trading and looking at the growing number of SOS tokens we will consider as an investment point of view.
conclusion
We know that governance tokens are important for any decentralized project because they give the real user freedom to make changes to the product. We know that there are many issues on Opensea and they also include scams or fake projects or fake properties that need to be fixed. OpenSea is currently the most widely used product in the cryptocurrency market due to the growth of the NFT trend. Most ethereum-based NFTs traded on opensea and the newly launched project owners give the highest priority to opensea. However, there is no official confirmation from OpenSea that it is integrated with OpenDAO, so how to write OpenDAO works individually.
